Question
What is the appointment and resignation clause in the Change of Trustee document, why is it required and how do I find these details?
Answer
To find the relevant Appointment and Resignation clause, you will need to refer to the most current Trust Deed of the Trust to determine the clause number for the clause that provides the power to appoint or resign Trustees. Prior to making decisions, such as changing the Trustee of a Trust, it is critical to carefully consider the establishing deed, as well as any subsequent deeds or instruments having an effect on the Trust.
If you are not 100% confident or you are not engaging your own solicitor, you should add on legal review to your order.
Further Information
How to change the Trustee of a Discretionary Trust – NowInfinity